UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                                 (RULE 13D-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13D-1(B), (C) AND (D) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13D-2(B)
                              (AMENDMENT NO. ___)*

                          Intertape Polymer Group Inc.
                          ----------------------------
                                (Name of Issuer)

                                  Common Stock
                                  ------------
                         (Title of Class of Securities)

                                     460919
                                     ------
                                 (CUSIP Number)

                                December 31, 2001
                                -----------------
                          (Date of Event Which Requires
                            Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

     [X]   Rule 13d-1(b)

     [ ]   Rule 13d-1(c)

     [ ]   Rule 13d-1(d)

     *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 (the "Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however, see
the Notes).

                                  Page 1 of 6


CUSIP [       ]

--------------------------------------------------------------------------------
  1   Name of Reporting Person
      I.R.S. Identification No. of Above Person (Entities Only)

      CN Pension Trust Fund (Canadian National Railway Company, Administrator)
--------------------------------------------------------------------------------
  2   Check the Appropriate Box If a Member of a Group
                                                       a. [ ]
                                                       b. [ ]
--------------------------------------------------------------------------------
  3   SEC Use Only

--------------------------------------------------------------------------------
  4   Citizenship or Place of Organization

       Canada
--------------------------------------------------------------------------------
                     5   Sole Voting Power
      Number of            1,400,700
        Shares     -------------------------------------------------------------
     Beneficially    6   Shared Voting Power
       Owned by            0
         Each      -------------------------------------------------------------
      Reporting      7   Sole Dispositive Power
     Person With           1,400,700
                   -------------------------------------------------------------
                     8   Shared Dispositive Power
                           0
--------------------------------------------------------------------------------
  9   Aggregate Amount Beneficially Owned by Each Reporting Person
         1,400,700
--------------------------------------------------------------------------------
 10   Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares
                                                          [ ]
--------------------------------------------------------------------------------
 11   Percent of Class Represented By Amount in Row (11)
         5.06%
--------------------------------------------------------------------------------
 12   Type of Reporting Person

      EP
--------------------------------------------------------------------------------



                                  Page 2 of 6



ITEM 1(A).    NAME OF ISSUER:

              Intertape Polymer Group Inc.

ITEM 1(B).    ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

              110E Montee de Liesse
              St-Laurent, Quebec
              H4T 1N4
              Canada

ITEM 2(A).    NAME OF PERSONS FILING:

              CN Pension Trust Fund (Canadian National Railway Company,
              Administrator)

ITEM 2(B).    ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

              P.O. Box 11002
              5 Place Ville Marie, Suite 1515
              Montreal, Quebec
              H3B 4T2

ITEM 2(C).    CITIZENSHIP:

              Canada

ITEM 2(D).    TITLE OF CLASS OF SECURITIES:

              Common Stock

ITEM 2(E).    CUSIP NUMBER:

              460919

ITEM 3.       IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B)
              OR (C), CHECK WHETHER THE PERSON FILING IS A:

        (a)   [ ]   Broker or dealer registered under Section 15 of the
                    Exchange Act.
        (b)   [ ]   Bank as defined in Section 3 (a)(6) of the Exchange Act
        (c)   [ ]   Insurance company as defined in Section 3 (a)(19) of the
                    Exchange Act.
        (d)   [ ]   Investment company registered under Section 8 of the
                    Investment Company Act.
        (e)   [ ]   An investment advisor in accordance with Rule 13d-1
                    (b)(1)(ii)(E);
        (f)   [X]   An employee benefit plan or endowment fund in accordance
                    with Rule 13d-1 (b)(1)(ii)(F);
        (g)   [ ]   A parent holding company or control person in accordance
                    with Rule 13d-1 (b)(1)(ii)(G);
        (h)   [ ]   A savings association as defined in Section 3(b) of the
                    Federal Deposit Insurance Act.
        (i)   [ ]   A church plan that is excluded from the definition of an
                    investment company under Section 3 (c)(14) of the Investment
                    Company Act.
        (j)   [ ]   Group, in accordance with Rule 13d-1 (b)(1)(ii)(J).


                                  Page 3 of 6


ITEM 4.       OWNERSHIP.

              (A)   AMOUNT BENEFICIALLY OWNED:

                    1,400,700 shares of common stock

              (B)   PERCENT OF CLASS:

                    5.06%

              (C)   NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

                    (I)    SOLE POWER TO VOTE OR TO DIRECT THE VOTE

                           1,400,700

                    (II)   SHARED POWER TO VOTE OR TO DIRECT THE VOTE

                           0

                    (III)  SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF

                           1,400,700

                    (IV)   SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION
                           OF

                           0

ITEM 5.       OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

     If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following |_|.

ITEM 6.       OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

              Not applicable

ITEM 7.       IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
              THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR
              CONTROL PERSON.

              Not applicable

ITEM 8.       IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

              Not applicable

ITEM 9.       NOTICE OF DISSOLUTION OF GROUP

              Not applicable


                                  Page 4 of 6



ITEM 10.      CERTIFICATION.

              [By signing below I certify that, to the best of my knowledge and
              belief, the securities referred to above were not acquired and
              are not held for the purpose of or with the effect of changing or
              influencing the control of the issuer of the securities and were
              not acquired and are not held in connection with or as a
              participant in any transaction having that purpose or effect.]










                                  Page 5 of 6


                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated:  February 11, 2002

                                                By: /s/
                                                    ----------------------------
                                                    Name:  Francis R. Stark
                                                    Title: General Counsel